The Kyiv Post welcomes feedback about our new website and we stand ready to fix any problems users might encounter in our test phase. Contact us at: or +38-044-591-3344. Thank you!

Share Tweet Pocket Add to Bookmarks
You're reading: Symonenko: Ukraine could lose coal industry in a few years

The coal industry in Ukraine has hardly developed in recent years, and under the current policy the country could lose the huge potential of coal in just a few years, Communist Party leader Petro Symonenko has said.

“Only Donetsk region alone produced about 100 million tonnes. To
appreciate the difference, it’s only necessary to know that today the
coal industry in Ukraine produces 80 million tonnes of rock per year. So
it’s not even coal, but rock,” the party’s press service quoted
Symonenko as saying on Friday.

Such a situation, in his opinion, was triggered by the start of the privatization of coalmines in Ukraine.

Symonenko said that only 10-15 mines in Ukraine are currently
profitable, and that the rest are unpromising in terms of industry. He
said that it meant that the last profitable mines would be sold for
almost nothing.

“Ukraine has a huge potential of coal, which could be enough for the
next hundred years, but if nothing changes and the state of the coal
industry remains unchanged, we risk losing one of the most important
natural resources of Ukraine,” he said.

Found a spelling error? Let us know – highlight it and press Ctrl + Enter.


Add comment

Sorry, you must be logged in to post a comment.
More in this section

Add a picture
Choose file
Add a quote

Are you sure you want to delete your comment?


Are you sure you want to delete all user's comments?


Are you sure you want to unapprove user's comment?


Are you sure you want to move to spam user's comment?


Are you sure you want to move to trash user's comment?

Spelling error report

The following text will be sent to our editors: